UK Business Exodus Spikes After Non-Dom Status Abolished
Pro-tax campaigners have argued that reports of a “millionaire exodus” are overstated. Not so…
Bloomberg has analysed five million company filings. Recent months have seen a huge spike in departures of business leaders. Over 4,400 have shifted overseas in the last year…
There were only 74,000 non-doms as at the formal abolition of the tax status. If 18,000 leave then the tax will cost more than it raises…
Exits in April are recorded to be 75% higher than the year before and the highest level in four years. The highest levels are seen in finance, insurance, and real estate. Popular with non-doms…
Wealthy non-doms are going to Switzerland, Italy, Monaco, and Cyprus. Back in Blighty Reeves is plotting to come back for more in Autumn…
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